Republicans call on Oregon Democratic senator to step down over wife’s ‘large’ stock holdings – By Peyton Sorosinski (Washington Examiner) / March 18, 2024
Republicans are calling for Sen. Ron Wyden (D-OR) to step down as the chairman of the Senate Finance Committee over his wife’s major financial investment in prominent tech companies.
Wyden’s 2022 financial report showed that his wife Nancy Wyden owns up to $3 million in stock across four large tech companies, including Apple, Microsoft, Amazon, and Google, Rolling Stone reported.
In a letter to Ron Wyden, obtained by Just the News, the New York Young Republican Club, along with other Republican groups, demanded the senator step down from his position, citing concerns that his wife’s financial investments are a conflict of interest as the chairman of the Senate Finance Committee.
“Mrs. Wyden’s holdings in these companies is an astonishing amount: it’s almost 60 times the value of stock that the median American stock-owning household owns in all companies combined,” club President Gavin Wax wrote. “It is apparently not held in a blind trust. And presumably, as Mrs. Wyden’s husband, you benefit from these holdings directly.”
